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Gigalight FY revenue rises 19% to$43.3 million

Number of visits: Date:2015-1-28 12:16

Abstract:

Gigalight revenue in 2014 increased by 19 percent year-on-year to $43.3 million, about ¥270 million yuan in sales, unrealized originally expected, mainly because of a fast falling in price in 2014. But the net profit margin remained at a high level.

Benefit from a large data morphological changes and active optical module cable demand-driven, Gigalight has achieved a significant performance increase on high-speed 40G / 100G optical modules and active optical cable business in 2014. At present, Gigalight has supplied the market for bulk of 40G optical modules, 100G CFP / CXP-SR10 optical modules and 10G / 40G active optical cable, but sales volume are still mainly from optical modules below 10G rate . Gigalight overseas business now accounts for over 60 percent, of which the North American market remains the largest regional market.

Gigalight passive devices (PLC & WDM) in 2014 have achieved a slight increase on the basis of 2013, basically achieved breakeven on passive services in 2014. This is the first no-operating loss since stepping into the passive industry in 2009.In the year of 2014, Gialight focus on creating magneto-optical switches, optical bypass protection systems on passive products and gained an important progress on the integrated devices at the same time.

In 2014 ,Gigalight mainly carried out layout of research and development of optical communication about consumer products, and has gained small number of orders for HDMI and USB3.0 from the market, but the market prospect is still unknown.

In 2014, Gigalight made some strategy adjustments and management change about highlighted channel marketing, and focus on developing key channel business partners. At the same time focus on the big DATA market structure data for high-speed interconnect series products in business direction .Recently, Gigalight has burst on the scene towering in technology and global markets.

"Gigalight is not a purely optical module company. We are an optical integration and market innovation in communications technology. Gigalight is in the research and holds a variety of complex optical devices and optical communications product technology; We believe that these seemingly unrelated R & D investments will show a dawn in the future. Looking to 2015, Gigalight will implement a more proactive stance in layout of the new product, product launch and the mature business competition " Gigalight marketing department says.
In 2015, another key point of Gigalight is committed to improving the delivery capacity to enhance the company's market share and customer satisfaction!

About Gigalight Technology

Founded in 2005, Gigalight is the market innovator in the field of global optical network devices and pioneer in the application technology. We develop and manufacture innovative optical network technology devices , Fiber optic interconnection products, ROF products, intelligent optical modules and test equipment which widely used in fixed telecommunications network, mobile communications networks, data communication networks, storage area networks, large data centers and cloud computing, video transmission, radar communications, consumer optical communications,etc.


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Media Contacts
Shenzhen Gigalight Technology Co., Ltd
Jessie
+86-13689586810
[email protected]